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Activision's financial results reveal new and cancelled titles

Today Activision released its quarterly financial results which indicate that it's doing rather well. In a nutshell, Activision had $211.3 million in net revenues, compared to last year's $158.7 million.

Afterwards, the usual analyst and investors conference call revealed quite a bit of interesting information, as Chairman and CEO Robert Kotick announced that it was scheduling sequels for most of its top titles from the past year, confirming that we can expect to see the previously-revealed Spider-Man 3 in addition to True Crime 2, Call of Duty 2, Tony Hawk, Shrek, and Quake.

There were no details as to whether any of the new titles are for the current or "next-generation" platforms, although Activision did confirm they are "committed at launch to next-generation consoles."

However, not all is clear sailing, as there was reportedly one casualty, Treyarch's Dawn of the Dead meets GTA3 project, Dead Rush, which has been prematurely terminated. Announced to the media merely a few months ago at E3, it seems that Dead Rush did not meet the Activision standards and was therefore cancelled. Dead Rush was under development for GameCube, Playstation 2 and Xbox.

For the remainder of 2004, Activision has scheduled the release of Rome: Total War, Call of Duty: United Offensive, X-Men Legends, and the movie tie-in, Shark Tale. The Xbox version of DOOM 3 is tentatively scheduled for a December release, but this is not a fixed date.

Together with movie-to-videogame titles Fantastic Four and Iron Man, it seems that Lionhead Studios' The Movies has now been pushed back to fiscal year 2006, which means, in layman's terms, some time between April 2005 and March 2006.